The thing is you dont even sell into domestic market. Post 90days testing you shut the well in. Its crazy. This delay serves no purpose for JPR or the government.
J50 hasnt been selling into the domestic market. Maybe its better for JPR not waiste oil at $30.
Will be interesting to see when we get stabilised flow rates from J52. Will they wait until the first 90days is completed? will they wait for the full 180days? Will they announce sooner? Rates would have stabilised by now.
JPR Price at posting:
$1.02 Sentiment: Hold Disclosure: Held
